To fight against cryptocurrency, we need to develop CBDC. If you want to sell U.S. government bonds, you need to use the Stablecoin system (80% of government bonds and 20% of dollars).
After that, if something like Silicon Valley Bank happens, Both USDC and USDC can be converted into cryptocurrency. Peggings are broken. U.S. government bonds could pour out.
The credit rating agency's duty is to identify its financial structure and warn investors. SVB had Moody's credit rating of A just three days ago. It's the Livorn incident again.
There is all corruption in what a man does. In particular, the financial sector is more serious. What the three major credit rating agencies are doing now is used politically to help the stock market fluctuate.
The IMF constantly threatened El Salvador. It has reduced the national creditworthiness. However, the country's debt has decreased and investment has become more active.
With the advent of cryptocurrency, CBDC has regional limitations, and eventually, it becomes a stable coin. I have no choice but to go. Problems arise if some banks are bankrupted by their interests.
Because the stable coin moves around the clock. The faster they take profits, the faster the popularization of cryptocurrency becomes.
*All the bad news in the world is good news for the coin market. - DooriDoori -
